Australia Supplement 2005
Published: 23 July, 2008
Australia's rapid rise through the ranks to become the top supplier of still wine to the UK has been the most dramatic story of the past decade. Precocious, confident and dismissive of tradition, Australia seemed to gain market share without even trying. Now, with maturing markets at home and abroad, falling grape prices, profit warnings from Perth to Sydney and numerous boutique wineries operating on the edge of bankruptcy, are the good times for Australian wine over?
Australia?s rapid rise through the ranks to become the top supplier of still wine to the UK has been the most dramatic story of the past decade. Precocious, confident and dismissive of tradition, Australia seemed to gain market share without even trying. Now, with maturing markets at home and abroad, falling grape prices, profit warnings from Perth to Sydney and numerous boutique wineries operating on the edge of bankruptcy, are the good times for Australian wine over?
Keywords:
Search
© Agile Media Ltd 2024. All rights reserved. Agile Media Ltd. Registered office:
56-58 Church Walk, Burgess Hill, West Sussex, RH15 9AN
Registered in England No. 6646125. VAT No. 938 4452 95
56-58 Church Walk, Burgess Hill, West Sussex, RH15 9AN
Registered in England No. 6646125. VAT No. 938 4452 95
